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. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking about? all those spending cuts and tax hikes that go into effect if washington doesn't make a deal. that means four more weeks of spinning our wheel of misfortune. where will it land today? follies. that's the perfect term. both sides miles apart. wall street remains optimistic a deal will be reached by january 1st. perhaps in a nod to investors, the president gave his first post-election interview today to none other than bloomberg tv. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign, which is a balanced, responsible approach to deficit reduction
. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking...
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i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you
i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher...
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bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital information immediately following the terror attack on the u.s. mission in benghazi almost three months ago. chief intelligence correspondent catherine herridge with a roadmap. >> the 94-port intelligence memo known as the c.i.a. talking points was reviewed by two dozen officials in 24-hour period before ambassador rice used them as the basis for the controversial sunday show appearances where she wrongly blamed the consulate attack on anti-islam video. >> they were dumbed down to the point that they were, we should have said nothing versus what they were trying to tell the american peopl
bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital...
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steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies -- now, i think he's right we're aiming right now for a growth rate that may be unattainable. long-term, a society cannot exactly choose but can adjust this level of growth. third, some of the things that he's most concerned about, for example, global competition, are some of the things that make me optimistic about the future, not pessimistic. >> but lindsay, part of his reasoning is we're adding too much debt to the equation. debt servicing takes up more of our growth at this point. too many band-aids solving problems that need surgery, not sor
steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies --...
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david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file wants to hold fast and stick to principle which is rare in washington. david: what is your feeling? do you think we'll go off the cliff? >> i think it will go right to the end. if boehner and senator mcconnell do not cave, i think we'll kick the can down the road. for once that will be a good thing rather than a bad thing. david: steve forbes, forbes media chairman. >> good to see you, david. david: liz, over to you. liz: they're doing it in churches and cafeteria, ready for a workout. "inc." magazine named sumba fitness the company of the year. we have the ceo of assume ba fi
david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file...
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>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this negotiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it is not quite there yet. >> woodruff: given that, again steve heydemann, how is the west looking at all this? >> it's happening very quickly. it's a matter of enormous concern. if the regime were to collapse in the absence of a political settlement, the potential for increased violence, the possibility that the opposition now is taking shape entirely is not yet ready to govern is seen as a very serious consideration in washington. however, the question of whether it would be possible for the u.s., for example, to accept a negotiated process in which assad himself were permitted to escape
>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this negotiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it...
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he's a fifty three year old rancher he lives with her husband steve in the northwest corner of north dakota has been ranching for about ten years. she's got she never let the oil and gas companies on her property but a couple of years ago one of them put a rig on her property line there's thirty two other rigs around within three miles of her property but when they put this one on the property line there was a blowout there was some problems with a leaky well and she started noticing problems with their cattle they started limping they had infections they dropped from sixty to eighty pounds a week the mothers stopped producing milk for their cats and in five of the cattle their tails dropped off eventually five of them died actually one very expensive ball had to be shot before other cows died while and it is there is there are you know pretty clear evidence that this is the consequence of fracking have continued presumably contaminated the water to keep the cattle or drinking that's the problem it's very difficult to prove cause and effect in these cases we don't know what's in all
he's a fifty three year old rancher he lives with her husband steve in the northwest corner of north dakota has been ranching for about ten years. she's got she never let the oil and gas companies on her property but a couple of years ago one of them put a rig on her property line there's thirty two other rigs around within three miles of her property but when they put this one on the property line there was a blowout there was some problems with a leaky well and she started noticing problems...
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. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. ha
. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch...
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. >> steve weiss, does the data change? you have a guy who has been bullish, did defending the market every move lower. it's come back and he's defend ed it. >> i departmeidn't see the markg much between now and then. if you're really squoeoverweigh equities, you're playing for one thing, for a resolution, the fiscal cliff that you can live with. we've had china come, the chinese markets are down. our markets are not believing that. europe continues to worsen so there are lots of issues out there, lots of reasons to be negle negative plus corporate earnings. i remain cautious. >> the former chief economist and vice president biden, tony worked in the bush 43 white house, both cnbc contributors. good to see you both today. is the white house going to accept anything but tax rates going up? >> well, they've never completely closed the door on that. >> it's like maybe just a crack, and i mean it's a small crack. >> yeah, and it's a very small crack and it might even be closing. they are very much about the high higher rates. t
. >> steve weiss, does the data change? you have a guy who has been bullish, did defending the market every move lower. it's come back and he's defend ed it. >> i departmeidn't see the markg much between now and then. if you're really squoeoverweigh equities, you're playing for one thing, for a resolution, the fiscal cliff that you can live with. we've had china come, the chinese markets are down. our markets are not believing that. europe continues to worsen so there are lots of...
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steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for people to marchionne the presidential palace tomorrow. that raises a clear possibility of conflict with supporters of president morsi around that presidential palace it will also be a real test of the opposition's numbers. we saw them peak out last week here at the square at 250,000. right now at 2:30 in the morning. probably fewer than a thousand people out there. in the meantime egypt's highest court the supreme constitutional court continues not work. their courthouse is surrounded by several thousand protesters who are loyal to the egyptian president. interior ministry says it is safe for those judges to enter and exit into the court house. the judges themselves don't think so. they say he are psychologically and physically intimidated by the chanting crowd. shepard, back to you. >> shepard: steve harrigan live this tuesday morning in cairo. the obama that administration strongly credit sized plan t
steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for people to marchionne the presidential palace tomorrow. that raises a clear possibility of conflict with supporters of president morsi around that presidential palace it will also be a real test of the opposition's numbers. we saw them peak out last week here at the square at 250,000. right now at 2:30 in the morning. probably fewer than a thousand people out...
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the politicians can get the job done when they failed to get it done by january 1st. >> i hear what steve is saying there. i'm standing in your camp which is a rare spot for me to be in, standing in chris' camp here but i think you're right. i think the markets have not baked this into their equation. >> dysfunction and childishness. >> it has nothing to do would my bottom line in terms of how i'm going to pay for things. as a market force, i don't think they've baked that in. number two, i don't think that the president is going to allow this thing to get to that point. i think they're going to cut a short-term deal to get through that first quarter of next year. >> kick it down the road. >> no. who is the only hero from this election other than the president? chris christie. people of all colors, all ethnic groups, you poll them, i have been in the rooms, i was there recently, they want peace treaty of some kind to make it work. they don't want a big victory for the let or right. they want a peace treaty right now. that's what they most want to know, that their parents are getting along
the politicians can get the job done when they failed to get it done by january 1st. >> i hear what steve is saying there. i'm standing in your camp which is a rare spot for me to be in, standing in chris' camp here but i think you're right. i think the markets have not baked this into their equation. >> dysfunction and childishness. >> it has nothing to do would my bottom line in terms of how i'm going to pay for things. as a market force, i don't think they've baked that in....
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here's steve. >> steve, this is not your day. [laughter] already. >> just one of those things but the rain's coming. >> it is, yes. >> steve says it won't be as bad. >> right. we have rain in the north bay and coming in tonight -- >> grab an umbrella. >> yes. always a good idea. >> that's our report for this moring. we thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. >> be sure to watch the news at noon for more on the plans for the nude ban. we're always here at ktvu.com. thank you for joining us.
here's steve. >> steve, this is not your day. [laughter] already. >> just one of those things but the rain's coming. >> it is, yes. >> steve says it won't be as bad. >> right. we have rain in the north bay and coming in tonight -- >> grab an umbrella. >> yes. always a good idea. >> that's our report for this moring. we thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. >> be sure to watch the news at noon...
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i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide detectors in the schools, certainly as a result of this incident it will prompt us to look into that matter which we actually started yesterday. our understanding is actually there are probably -- there are some state that is currently do have that option. and that's going to prompt us, as a result of yesterday's incident, we've already started that process. >> in the state of georgia, where you are, if you're in a residents, you have to have a carbon monoxide monitor. it seems contradictory that your school, which is relatively new, built in 2005 or someth
i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide...
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[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, deeget, pole is and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. and from that, growth and life comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the importance as the secretary noted of f
[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, deeget, pole is and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the...
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and steve harrigan is our man in cairo. how big a threat are the protesters there to the president in. >> what we saw tonight is clearly an escalation on behalf of the protesters who want do drive morsi from the government. they broke through iron gates and went through barbed wire and only with the use of tear gas they were kept off the presidential palace. they never breached the walls of the compound. as far as security threat it could be overstated. he does not live in the palace but in a cairo suburb. so he did actually leave the palace while the protest was going on. >>shepard: anything from him at all? do we know if he is standing firm or what did we have? >>reporter: well, no sign of compromise from the president. the strategy of the government seems to be to try and avoid bloodshed and back up as long as possible without giving in. they have a boost today with the chief judges in the council said they will monitor the referendum on the new constitution december 15 so that gives what he is doing a sense legitimacy a
and steve harrigan is our man in cairo. how big a threat are the protesters there to the president in. >> what we saw tonight is clearly an escalation on behalf of the protesters who want do drive morsi from the government. they broke through iron gates and went through barbed wire and only with the use of tear gas they were kept off the presidential palace. they never breached the walls of the compound. as far as security threat it could be overstated. he does not live in the palace but...
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i mean, where are you on this, rick -- or, i'm sorry, steve? >> interesting. >> i'm just -- no, that i called you rick? no, because of rick perry. but i think that's what you're alluding to. >> yeah. >> was it that one that you wanted to get rid of the department of education? >> the role -- >> i like the idea of giving it down to the states. >> the idea that a department of education in washington, d.c., should be making decisions for each of the states is just ludicrous, you know, from a constitutional standpoint, it just is not functional. >> when was it is, 1980? i mean, it's a relatively recent addition that has swallowed up democracy. >> the money that comes and creates more bureaucracy and then they try to dictate to the states, here, race to the top's a good example of it. we tell them, you know, with all due respect, we don't want to participate in race to the top. because we asked them, well, can we take a look at the national standards that you want to put in place and can we see the tests? well, those aren't done yet. not unlike the
i mean, where are you on this, rick -- or, i'm sorry, steve? >> interesting. >> i'm just -- no, that i called you rick? no, because of rick perry. but i think that's what you're alluding to. >> yeah. >> was it that one that you wanted to get rid of the department of education? >> the role -- >> i like the idea of giving it down to the states. >> the idea that a department of education in washington, d.c., should be making decisions for each of the...
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>> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is foundation. and we have i think the united states, both an opportunity to require it to get our house in order, and i believe that our 100 senators and members of the house will step up on this and sufficient majority in the coming months. >> how do you look at your surplus of the u.s.? does that say we have america under our control? >> we are one of the closest allies of the united states. so of course our position today to united states is very, very decisive, strengthen our relationship. so these are not, there is no intention for us to try to use this kind of economic relationship in different context.
>> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is foundation. and we have i think the united states, both an opportunity to...
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we have our steve harrigan there. we'll let you know as soon as we learn more. jenna: disturbing new signs al qaeda is on the rebound in parts of the middle east and after frica. the latest a large-scale al qaeda plot in jordan. they plan to hit deadly terror attacks in the capital and hit the u.s. embassy during the chaos. behind this plot specifically al qaeda's network in iraq. we have a former fbi agent and vogted al qaeda. his book is black banners, the inside story of al qaeda and. the gist of this is, al qaeda the movement is stronger and gaining strength in the middle east. your thoughts? >> i think what we're seeing today in the middle east the conflict is come becoming more and more sectarian conflicts and as long as you have sustained wars and sustained conflicts you will have a lot of jihadis flocking into iraq, into syria, into the entire region. jenna: who are they? >> they are, some of them are from iraq. some of them are from jordan. some of them are from syria. in the beginning when we were in iraq for example, we had people from libya, we had p
we have our steve harrigan there. we'll let you know as soon as we learn more. jenna: disturbing new signs al qaeda is on the rebound in parts of the middle east and after frica. the latest a large-scale al qaeda plot in jordan. they plan to hit deadly terror attacks in the capital and hit the u.s. embassy during the chaos. behind this plot specifically al qaeda's network in iraq. we have a former fbi agent and vogted al qaeda. his book is black banners, the inside story of al qaeda and. the...
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thank you, steve, we'll see you soon. >> so many who think egypt will settle down. so is the tea party about to return with a revenge. one leading conservative says he knows the answer. martha: a manhunt underway in new york city. the suspect who pushed a father of four into the path of taken oncoming subway train in front of dozens of horrified witnesses. 1/ . martha: could it be the revenge of the tea party? many people have been asking where they are. the conservative anti-tax advocates. one of their leaders is warning if leaders refuse to deal with the massive spending of our federal government he believes they will come back with a revenge. he says it will dwarf the first election. andrea, is he right? a lot of people wonder what happened to the tea party. thought would have seen them during election cycle. he thinks this will wake them from their slumber. >> i think it will be way bigger and i won't be just the tea party, it will be everybody in the country. if we go off the fiscal cliff, guess who is disproportionately affected. the low-income people. the low
thank you, steve, we'll see you soon. >> so many who think egypt will settle down. so is the tea party about to return with a revenge. one leading conservative says he knows the answer. martha: a manhunt underway in new york city. the suspect who pushed a father of four into the path of taken oncoming subway train in front of dozens of horrified witnesses. 1/ . martha: could it be the revenge of the tea party? many people have been asking where they are. the conservative anti-tax...
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and congressman steve latourette will join us as well. cnn "newsroom" with carol costello begins right now. >>> bragging rights, iran claims they captured a u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead. >>> so you don't read runway ? >> no. >> before today you never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> the devil's diplomacy. vogue editor anna wintour, u.s. ambassador? maybe. "newsroom" starts now. good morning. thank you so much for joining me. i'm carol costello. this morning iran is bragging. it claims it capture d an american drone. the u.
and congressman steve latourette will join us as well. cnn "newsroom" with carol costello begins right now. >>> bragging rights, iran claims they captured a u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for...
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steve. caller: i happen to be in the minority that thinks it is a good thing because it raises taxes on folks and pays for government programs that have to be paid for, but i am intrigued by the statement from mr. buckley that there will be chaos if the amt is permitted to go forward, or if it is not attached in 2012. what chaos will happen? people will have to pay more taxes. it is not as if people are sitting around tax software anticipating what taxes are going to be. people will be hit with a tax bill that will be calculated, and quite frankly, in a more simplified form been standard tax law. host: professor bob kelly? guest: when i say chaos i am -- professor buckley? >> when i say chaos, i am referring to two things. the irs has done programming based on their being a patch enacted by the end of the year. most tax returns software has made the same calculated gamble. i agree that the government needs revenue. i do not think there is any question of that. if you just say that the amt is
steve. caller: i happen to be in the minority that thinks it is a good thing because it raises taxes on folks and pays for government programs that have to be paid for, but i am intrigued by the statement from mr. buckley that there will be chaos if the amt is permitted to go forward, or if it is not attached in 2012. what chaos will happen? people will have to pay more taxes. it is not as if people are sitting around tax software anticipating what taxes are going to be. people will be hit with...
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hey, steve, good morning. >> caller: hi, bill. hi lynn. great show as always, bill. >> bill: thank you. early on the west coast we know. thanks for joining us. >> caller: great program. definitely worth getting up for. to me, if anyone should be invited to the white house for a very nice lunch and maybe get some kind of a -- it is jimmy carter's grandson for coming up with that 47% video. >> bill: oh, yeah. >> i mean you know the truth when you hear it and when you see it and that was definitely it. and my question is did that come up at that conference you went to lynn, as a determinative factor in the process? because i would have thought it would. >> it did. and obviously -- i think it was stuart stevens said it was obviously not a high moment for the campaign. >> bill: that's the understatement of the conference. >> and they said that they did not know they've said that. now stevens was at this event but he was not in the room at the time. so that means that no one in the room of the donor or just other people thought oops, this is not
hey, steve, good morning. >> caller: hi, bill. hi lynn. great show as always, bill. >> bill: thank you. early on the west coast we know. thanks for joining us. >> caller: great program. definitely worth getting up for. to me, if anyone should be invited to the white house for a very nice lunch and maybe get some kind of a -- it is jimmy carter's grandson for coming up with that 47% video. >> bill: oh, yeah. >> i mean you know the truth when you hear it and when you...
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from we're going to hear steve on the republican line. caller: i agree that all the tax cuts and alba -- you know, unless they reduce spending, it is not going to do anything. we need to create more jobs. if we keep taxing the businesses, they should just reform the tax. if a business hires so many amount of people, they will get a deduction if they hire that amount of people. that would work. i am from buffalo. years ago, they had bethlehem steel. we have the wiper place -- i cannot remember the name, but anyway, the state gave them a tax breaks for hiring people. they start hiring people. you have to have income to spend money. the government needs more taxable people. it is like a bank account. if i give you $1 million and your spending $2 million and only taking in half a million dollars, it is not going to balance. host: do you take deductions? caller: i don't take -- make enough money to take them. every time i try to take them, they say, you did not make enough to take that out. host: what do you think of that? caller: like i said,
from we're going to hear steve on the republican line. caller: i agree that all the tax cuts and alba -- you know, unless they reduce spending, it is not going to do anything. we need to create more jobs. if we keep taxing the businesses, they should just reform the tax. if a business hires so many amount of people, they will get a deduction if they hire that amount of people. that would work. i am from buffalo. years ago, they had bethlehem steel. we have the wiper place -- i cannot remember...
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steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >> reporter: firefighters were carrying sick children. >> there's kids laying on the floor. at least three. and the teacher are saying, this town needs help. >> reporter: 500 children were forced to leave the building. at least 43 sent to hospitals. angry parents stormed the school, desperate to find their kids. >> you transported them without our permission. and you won't give them to us? you're out of your mind. >> reporter: luckily, no one was seriously hurt. and investigators traced the problem to a leaky valve on the school's furnace. this morning, that has parents asking, why aren't there carbon monoxide detectors in school b
steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >>...
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steve and alexander, virginia commuter next. >> caller: i have had to be in the minority that thinks the amt is a good thing because it arbitrarily raises the taxes on folks and government programs have to be paid for. i'm really intrigued with mr. buckley's statement that there is going to be chaos if the amt is permitted to go forward or that it's not patched in 2012. what chaos is going to happen? people will have to pay more taxes and it's not as if everyone is sitting around their tax offer right now, anticipating what their taxes are going to be. it's basically individuals will be hit with a tax bill, which is going to be calculated and quite frankly more simplified form than the standard tax law. >> host: professor buckley. >> guest: when i say chaos, i am referring to two things. first, the irs has done all of its internal programming based on the assumption that there would be an amt patch enacted by the end of the year. that would be a fairly large undertaking by the irs to change that. my assumption is most tax return preparation software has made the same calculated gambl
steve and alexander, virginia commuter next. >> caller: i have had to be in the minority that thinks the amt is a good thing because it arbitrarily raises the taxes on folks and government programs have to be paid for. i'm really intrigued with mr. buckley's statement that there is going to be chaos if the amt is permitted to go forward or that it's not patched in 2012. what chaos is going to happen? people will have to pay more taxes and it's not as if everyone is sitting around their...
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count down to the closing bell is next. [ male announcer ] this is steve. he loves risk. but whether he's climbg everest, scuba diving the great barrier reef with sharks or jumping into the m marke he goes with people he trusts, which is why he trades with a compy that doesn't nickel and dime him with hidden fee so he can worry about other things, le what the market is doing and being ready no matter what happens, which isn't rocket scien. it's just common sense, from td ameritrade. you know how painful heartburn can be. for fast, long lasting lief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier tt helps block stomachcid from splashing up- relievinghe pain quickly. try fas long lastg gaviscon®. [ engine revs ] ♪ ♪ [ le announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, o matter which list yore on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 250 for $349 a month at your local mercedes-benz dealer.
count down to the closing bell is next. [ male announcer ] this is steve. he loves risk. but whether he's climbg everest, scuba diving the great barrier reef with sharks or jumping into the m marke he goes with people he trusts, which is why he trades with a compy that doesn't nickel and dime him with hidden fee so he can worry about other things, le what the market is doing and being ready no matter what happens, which isn't rocket scien. it's just common sense, from td ameritrade. you know...
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. >>> a new movie about steve jobs will premier at the sundance film festival. you see ashton kutcher looks like a young jobs. it covers a 30 year span. another movie you have to see. >> i will see it for sure. thank you. >>> you're in "the situation room." syrian rebels laying siege to a key government military base. aur own arwa damon is on the ground inside syria and behind rebel lines. and violence spreading in egypt. protesters break through barriers to attack police as ambulances race to the presidential palace. and why a father fears he'll never see his 5-year-old daughter again unless the united states supreme court steps in. >>> we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >>> weeks of violent protests in egypt are now spreading. demonstrators, angry at a perceived presidential power grab, delivered their outrage today at the presidential palace in cairo, where at one point protesters breached the security barricades. you just got back from some of those violent protests at t
. >>> a new movie about steve jobs will premier at the sundance film festival. you see ashton kutcher looks like a young jobs. it covers a 30 year span. another movie you have to see. >> i will see it for sure. thank you. >>> you're in "the situation room." syrian rebels laying siege to a key government military base. aur own arwa damon is on the ground inside syria and behind rebel lines. and violence spreading in egypt. protesters break through barriers to...
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"varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that's right. i've learned the only way to get a holiday deal is to camput. you know we've be open all night. is this a trick to t my st? male announcer break frothe holiday stss. save on ground shipping at fedex office. >> ambassador anna wintour, it's got an interesting ring, does it not? a new report says that president obama is considering the fashion magazine editor for the ambassador's post in london or paris. she's a top obama fundraiser, a celebrity. very well-plugged in on the left and she ran two big fundraisers for the presiden
"varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i...
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. >> what's going to make before jeff now steve burke feel good, like they got the best of me. >> right. >> and i'm going to give them that, but i'm going to take what i've always wanted all along. and it's money. give them what they want. but it's -- it's a deal. you figure out what they can give up, they figure out what you can give up and you do the deal and everybody walks away. every deal i've ever done, everybody walks away feeling like they won. >> and you know who made a life out of that? was the labor negotiator ronald reagan. >> yeah. >> brian cashman's on the phone for you, joe. he's listened to that. he wants to talk to you about how to get rid of alex rodriguez. >> actually, he wants you to play third base. >> well, you know, i've got two good hips. >> there you go. >> two more than a-rod. second hip replacement. >> that's terrible. former british prime minister tony blair joins us onset, also ron fournier will be here to discuss about his cover in the national journal. >>> and coming up, arianna huffington onset. more "morning joe" in just a moment. [ male announcer ] when
. >> what's going to make before jeff now steve burke feel good, like they got the best of me. >> right. >> and i'm going to give them that, but i'm going to take what i've always wanted all along. and it's money. give them what they want. but it's -- it's a deal. you figure out what they can give up, they figure out what you can give up and you do the deal and everybody walks away. every deal i've ever done, everybody walks away feeling like they won. >> and you know...
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want to bring in sergeant steve martos from the phoenix police department. welcome. any idea at this hour where emily is? >> unfortunately we don't. we're still out there searching, we're following up on leads. however sadly at this point we don't know where she's at. >> i understand u.s. border patrol agents stopped and questioned emily's father, who is part of this whole, you know, thing recently, what did he say? >> well, unfortunately he didn't provide much information to us. he was stopped as he was entering the united states into arizona on saturday night into early sunday morning. border patrol agents on our behalf began speaking to him, he denied any involvement or knowledge about emily being removed from the hopped and sadly could not provide or did not provide information to us as to where she is. >> so then, sergeant, the obvious question is, i know this isn't perhaps an answer -- an answer for the hospital, but how does a mother and this child who now has her arm amputated, who is walking around, looks like with an rv, you know, how does she manage to sli
want to bring in sergeant steve martos from the phoenix police department. welcome. any idea at this hour where emily is? >> unfortunately we don't. we're still out there searching, we're following up on leads. however sadly at this point we don't know where she's at. >> i understand u.s. border patrol agents stopped and questioned emily's father, who is part of this whole, you know, thing recently, what did he say? >> well, unfortunately he didn't provide much information to...